2023 TTD to ISK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 TTD to ISK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TTD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 21.3720. Conversely, the yearly low was recorded on August 30, dropping to 19.1962.
This high-to-low spread represents a total annual volatility of 2.1758 ISK. From a start-to-finish perspective, comparing the January average rate of 21.0454 to the December average rate of 20.2773, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 21.3720 was down 2.61% compared to the 2022 peak of 21.9455, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TTD to ISK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 20.6021, compared to 20.0488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5532 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 1.0113 ISK (High: 21.2110 / Low: 20.1997). On the other end, October was the most stable month, with a tight range of 0.3498 ISK (High: 20.6141 / Low: 20.2643).
Growth Streaks & Declines
TrendsBetween August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7498 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 21.0688) against the same month in 2022 (average: 18.4337), the exchange rate shifted by +2.6351 (+14.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.3345 | 20.7516 | 21.0454 |
| February | 21.3720 | 20.5408 | 21.0688 |
| March | 21.0086 | 20.0068 | 20.6396 |
| April | 20.3520 | 19.8722 | 20.1287 |
| May | 20.7716 | 19.9802 | 20.4071 |
| June | 20.8196 | 19.8302 | 20.3229 |
| July | 20.2295 | 19.2288 | 19.5731 |
| August | 19.5761 | 19.1962 | 19.4283 |
| September | 20.2981 | 19.4131 | 19.9538 |
| October | 20.6141 | 20.2643 | 20.4334 |
| November | 21.2110 | 20.1997 | 20.6273 |
| December | 20.6169 | 19.8844 | 20.2773 |